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Hungarian meat exports to Vietnam and Laos

Hungary may be the third EU member state, which will sell its meat products in Vietnam and Laos – said Czerván György, Secretary responsible for agriculture, in the Rural Development...

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Bread prices may increase within 1-2 weeks

From the middle of this month, bread may be more expensive, at several stores. The price negotiations are now underway between the bakery businesses, the retail stores and the supermarket...

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Germans spent 3.9 billion euros on drugs without prescription, in the first half of the year

The turnover of nonprescription medicines and medicinal preparations decreased by 1.5 percent, to 3.9 billion euros, in the first half of the year in Germany, compared to last year’s January...

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The Chinese and U.S. manufacturing datas blew away the concerns

U.S. investors stopped their anxiety, after the better-than-expected U.S. manufacturing datas came in. The Chinese and the Australian datas also increased the improving business sentinel. Although adverse employment datas arrived,...

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European companies feel their position disadvantageous in China

European companies want equal treatment and similar access to the Chinese market, just as the Chinese companies – presents the EU Chamber of Commerce in China in its annual year...

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EuroShop Düsseldorf: The leading trade fair for commercial projects

More than ever, ten Hungarian companies to issue their range of offers, serving business development at the EuroShop in Düsseldorf. The world's largest commercial technology trade fair is being held...

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Goose feather and the goose liver may become Hungarikums

The new legislation will declare goose feather and the goose liver as Hungarikums – turned out at the consultations between the Poultry Product Council (BTT) and the Ministry of Rural...

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Food prices on two year peak

Global food prices increased in August for the third consecutive month. FAO’s global price index increased to its two year peak. The FAO food price index – which records the...

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The world's second largest fast-food network to be sold

According to the informations of the Wall Street Journal; Burger King negotiates with a British private equity company, over the sale of the company. Several companies purchased Burger King from...

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Increasing consumer spending in the United States

Spendings increased in the world's largest economy with the highest rate, (0.4 percent) since March. According to analysts; the strengthening, is due to the slight increase in real incomes, and...

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Retail trade: We pay still less on daily consumer goods

According to GfK Hungária; The market of daily consumer goods continues to decline in Hungary. In the first half of 2010, the market of daily consumer goods decreased by 0.5...

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Pos Media – Acquisition of Célcsoport Média in Hungary

After it’s recent successful expansion into Ukraine and Turkey, POS Media Europe, the leading European point of sales media agency, has acquired a majority stake in Célcsoport Média Ltd in...

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The Russian government considers a price stop

In Russia, certain foods become more expensive to the extent that it allows the government to restrict their prices. However, there are several counter-arguments against the measure, therefore, the government...

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International Farmer Days in Bábolna for the 26th time

The International Farmer Days in Bábolna is the oldest exhibition of the Hungarian agriculture. The International Farmer Days will open its gates between 8 to 11 September 2010. The highly...

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Zsindelyes Pálinka and Gastronomy Festival for the 4th time

The Zsindelyes Pálinka Distillery orgainses the Zsindelyes Festival in Érpatak again. After the great success of the previous years, the organizers are waiting the guests on the 4th of September...

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Disappointing second quarter results in the European food retailing

According to Nielsen’s Growthreporter analysis; European food retailing decreased in ten countries, including Hungary. In Hungary 3 percent less food, household chemicals and cosmetics (FMCG) have been sold in retail,...

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Improved economy, declining international confidence

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; this year’s economic growth of Hungary will be around 1 percent. The Hungarian economy, after the...

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Liquidations in Central Hungary

According to the datas of Opten; In the first half of the year 22 percent more liquidations were carried up in the Central Hungarian Region, than in the same period...

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The area centers may be important fair locations

Matthias Limbeck, manager for Reed Exhibitions in Austria, expects real changes on the fair markets at smaller fairs in Central Europe. He believes ,the prosperous regions can improve their own...

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Fed: a weaker-than-expected recovery

The economic recovery from the crisis is weaker than expected, but we are ready for further steps, if it is necessary – said Ben Bernake chairman of Fed. Shortly before...

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Hungarians economise on food, clothes and energy the most

This May Nielsen surveyed 27,000 Internet users in 48 countries. In Hungary 68 percent said they had changed their spending habits this spring, compared to the previous year; the international...

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Wine festival in Buda Castle

Buda Castle Wine Festival is organised by Hungarian Viti- and Viniculture Non-profit Kft. The 19-year-old event’s objective is to make people acquainted with the best Hungarian and foreign wines. Wine...

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The average volume of cured products bought per household keeps shrinking

According to ConsumerScan data from GfK Hungária, 87 percent of households bought sausage or salami last year, 3 percent more than a year earlier. However, in the past couple of...

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Ready to be transported and put on the shelf

Global trends influence the Hungarian collective packaging market. One of the current trends is using lighter cardboard products, especially on developed markets. In Europe demand is constantly growing for below...

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Washing in a café-like atmosphere

In cooperation by Henkel and Bosch, the first laundry-café opened in Munich. Wash&Coffee boasts a modern design and the staff consists of Henkel and Bosch experts, who offer help to...

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A strong forint lifted meat prices

The Agricultural Economics Research Institute (AKI) continuously monitors and publishes world trends in poultry and meat products. Their last report reveals that the abattoir entry price of slaughter pig in...

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Rice turnover concentrates and the 501-1,000-gram format is dominant

Retail sales of rice diminished by 2 percent in value and by 3 percent in volume in the April 2008-March 2009 period. According to the Nielsen Retail Index, the size...

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Fruit Logistica: Hungarians booked 200 m²

Fruit Logistica, the world’s biggest fruit-vegetable trade fair will take place on 9-11 February 2011. More than 2,300 exhibitors from 70 countries registered and Hungarian participants booked 200 m² to...

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Warm weather brought elevated prices

Analysts were somewhat surprised by the moderate increase in inflation in June. According to KSH’s quick report, consumer prices climbed by 0.2 percent from May and were 5.3 percent higher...

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Growing diversity on the rice and flour market

Eating in restaurant less often could have entailed an increase in flour sales, but market players’ opinion is that demand remained stable. – The fact that flour sales did not...

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